Wednesday, November 20, 2024

Business Dynamism

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Visual Capitalist has a nice graphic that indicates the level of dynamism across industries in the US economy. An industry is not competiti...
Tuesday, November 19, 2024

Returns to Master's degrees

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  Economist :
Monday, November 18, 2024

Responding to Professional Disruption

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In Chapter 24 on " The Luddites ," The Industrial Revolution Podcast recounts an episode when entrepreneur John Bell began produc...
Friday, November 15, 2024

Does inequality make us rich?

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Economist : America ranks as the most unequal big rich-world country (see chart). Combined with lower average incomes elsewhere, the pay ...

How the Trump Whale made money betting on prediction markets

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WSJ : Polymarket’s remarkable liquidity explains Théo, the Polymarket whale [who made $85 million]. Théo behaved as one would expect of a...
Monday, November 11, 2024

Standardization and Specialization

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I am a couple dozen episodes in on Dave Broker's Industrial Revolutions Podcast and cam across this tidbit from chapter 14. But what Wh...
Friday, November 8, 2024

The NFL sends Mediocre Teams to Play in Europe

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The NFL schedules a handful of games each season to be played in Europe, London and Munich this year. With plans to expand the program to Af...
Friday, November 1, 2024

When will RoboTaxis become Profitable?

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An interesting article in the WSJ reports on the growing acceptance of autonomous vehicles being used for ride hailing. The dominant platfo...
Tuesday, October 29, 2024

Correlation is not causation: birth weight determines mortality, not the animus of white physicians

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Economist :  CORRELATION: “when Black newborns are cared for by Black physicians, the mortality penalty they suffer, as compared with White...
Wednesday, October 23, 2024

Who regulates the regulators?

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From REASON : For decades, the California Coastal Commission has had near-unchecked authority to regulate development along the state's...